2023 BTN to KPW Historical Review

YEARLY HIGH

11.1487 KPW

YEARLY LOW

10.7633 KPW

YEARLY AVERAGE

10.9033 KPW

2023 BTN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 11.1487. Conversely, the yearly low was recorded on December 28, dropping to 10.7633.

This high-to-low spread represents a total annual volatility of 0.3854 KPW. From a start-to-finish perspective, comparing the January average rate of 10.9998 to the December average rate of 10.8015, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1487 was down 8.52% compared to the 2022 peak of 12.1865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 55,744 KPW

2022 Average 57,333 KPW

Yearly Trough Low 53,817 KPW

Transaction Impact: A difference of 1,926.84 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.0197

10.7817

JanuMarcMayJulySeptNove

BTN to KPW Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.9538, compared to 10.8528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1011 points.

H1 Avg (Jan–Jun) 10.9538

H2 Avg (Jul–Dec) 10.8528

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2500 KPW (High: 11.1020 / Low: 10.8521). On the other end, October was the most stable month, with a tight range of 0.0576 KPW (High: 10.8622 / Low: 10.8046).

January Spread (Volatile) ±0.2500

October Spread (Stable) ±0.0576

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 10.9900) against the same month in 2022 (average: 11.8087), the exchange rate shifted by -0.8188 (-6.93%).

2023 Avg (April) 10.9900

2022 Avg (April) 11.8087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1020	10.8521	10.9998
February	10.9988	10.8446	10.8968
March	11.0524	10.8634	10.9479
April	11.1487	10.9254	10.9900
May	11.0238	10.8655	10.9377
June	11.0471	10.8866	10.9506
July	11.0447	10.8712	10.9623
August	10.9515	10.7927	10.8685
September	10.8940	10.8047	10.8425
October	10.8622	10.8046	10.8238
November	10.9033	10.7913	10.8180
December	10.8384	10.7633	10.8015